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MICROMEM TECHNOLOGIES INC

corporate_fare Company Profile

MICROMEM TECHNOLOGIES INC

MMTIF·OTC·Technology·CIK 0001085921

Micromem is engaged in the development of nanowire-based sensor technology. In February 2025, the company entered a Research Collaboration Agreement with the University of Toronto (UofT) and the Department of National Defence (DND) for a project titled "Development of a Nanowire Field Effect Transistor Biochemical Sensor." This project, led by Professor Ruda of UofT, aims to develop miniaturized, low-cost, efficient, and selective sensors based on InAs nanowires for both civilian and military applications. These sensors are designed for deployment on aqueous and gas-based platforms to detect a wide variety of analytes, including volatile organic carbons (VOCs) for civilian uses. The project is jointly funded by the Natural Sciences and Engineering Council of Canada (NSERC) and Micromem, with Micromem retaining ownership of the developed intellectual property. The company has advanced its gas detection capabilities with a nanowire-based gas sensor platform. This platform uses a proprietary multi-nanowire sensing array to detect trace-level gas concentrations with high sensitivity. It features an electrical bias control for tunable amplification, demonstrated at up to 6x, to enhance detection performance across different gas types and concentration ranges. The sensor platform is fabricated using standard photolithography processes, making it cost-effective and scalable for high-volume industrial applications.

MICROMEM TECHNOLOGIES INC (OTC:MMTIF) is a publicly traded company in the Technology sector. Wiseek has independently scored 12 items for MMTIF at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-06, rated 7/10. Across its 12 most recent items scored 7 or higher, the top rating is 9/10, with 7 rated 8 or above. Recent SEC coverage for MMTIF spans 6-K, 20-F.

Recent high-impact activity:

  • Micromem Targets $50M Wearable Sensor Market, Adds Fixed-Position Platform
  • Micromem Technologies Issues Going Concern Warning Amidst Severe Cash Depletion
  • Micromem Achieves Cost Targets for Wearable Sensor, Anticipates 5,000-Unit Annual DND Order
  • Micromem Advances DND Discussions for Wearable Sensor Deployment & Commercialization
  • DND Approves Next Phase of Micromem's Wearable Gas Sensing Project

Financial Snapshot

Fiscal year ended October 31, 2025
Diluted EPS
$0.00
Op. Cash Flow
-$1.32M
Free Cash Flow
-$1.33M
Cash & Equivalents
$250.15K
Total Debt
$46.62K
Debt / Equity
-0.01×
Source: 20-F · filed 2026-02-20 · accession 0001062993-26-001096

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 55,382 shares in MMTIF as of the September 15, 2026 settlement, a 65.8% increase from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 56.6% of MMTIF volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)55,382 shares as of September 15, 2026
Change vs prior period▲ 65.8%
Days to cover1.00 at avg daily volume of 1,461,847
Daily short volume (FINRA facilities)56.6% of 438,168 shares on October 2, 2026
5-day average short volume38.5%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Insider Transactions

MMTIF files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$0.0127 +0.00% today
52-week range · as of 2026-08-06 $0.0001 – $0.0589
Market cap
$8.04M
Volume
438.2K (0.4× avg)
3-mo avg 1.2M
Live data · 2026-10-05 00:27 UTC · Market closed

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feed MMTIF - Latest Insights

MMTIF
Aug 06, 2026, 4:08 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.0174
Real-time Price: $0.0127 info
Change: -$0.0047 (-27%) info
Market Cap: $8.04M info
MMTIF
Jun 29, 2026, 3:30 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.019225
Real-time Price: $0.0127 info
Change: -$0.006525 (-34%) info
Market Cap: $8.04M info
MMTIF
Jun 23, 2026, 4:02 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.0212
Real-time Price: $0.0127 info
Change: -$0.0085 (-40%) info
Market Cap: $8.04M info
MMTIF
Jun 01, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.01614
Real-time Price: $0.0127 info
Change: -$0.00344 (-21%) info
Market Cap: $8.04M info
MMTIF
May 19, 2026, 4:03 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.0155
Real-time Price: $0.0127 info
Change: -$0.0028 (-18%) info
Market Cap: $8.04M info
MMTIF
May 11, 2026, 4:03 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.015
Real-time Price: $0.0127 info
Change: -$0.0023 (-15%) info
Market Cap: $8.04M info
MMTIF
Apr 06, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.02705
Real-time Price: $0.0127 info
Change: -$0.01435 (-53%) info
Market Cap: $8.04M info
MMTIF
Mar 30, 2026, 5:31 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.0217
Real-time Price: $0.0127 info
Change: -$0.0090 (-41%) info
Market Cap: $8.04M info
MMTIF
Feb 20, 2026, 3:54 PM EST
Filing Type: 20-F
Importance Score:
9
Price at Filing: $0.026775
Real-time Price: $0.0127 info
Change: -$0.014075 (-53%) info
Market Cap: $8.04M info
MMTIF
Feb 04, 2026, 5:25 PM EST
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.026
Real-time Price: $0.0127 info
Change: -$0.0133 (-51%) info
Market Cap: $8.04M info
MMTIF
Feb 03, 2026, 4:01 PM EST
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.02714
Real-time Price: $0.0127 info
Change: -$0.01444 (-53%) info
Market Cap: $8.04M info
MMTIF
Jan 14, 2026, 4:21 PM EST
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.0318
Real-time Price: $0.0127 info
Change: -$0.0191 (-60%) info
Market Cap: $8.04M info
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